Published On: Mar 19, 2025
Google parent company Alphabet on Tuesday confirmed its $32 billion acquisition of Israeli cloud security firm Wiz, making it the tech giant’s largest deal to date.
The move aims to strengthen Google Cloud’s security offerings amid growing competition from AWS and Microsoft.
Founded in 2020, Wiz has rapidly expanded, generating $500 million in annual recurring revenue and serving nearly half of the top 100 U.S. companies. Despite joining Google Cloud, Wiz’s security products will remain available on other platforms, including AWS and Azure.
CEO Assaf Rappaport is a Technion Alumnus
Click here to continue reading the full article in the National Post